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Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round you to the nearest cent.
Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round you to the nearest cent. a. $700 per year for 10 years at 10%. 4301.20 b. $350 per year for 5 years at 5%. $ 1515.32 c. $300 per year for 5 years at 0%. $ 1298.84 d. Rework previous parts assuming they are annuities due. Present value of $700 per year for 10 years at 10%: $ Present value of $350 per year for 5 years at 5%: $ Present value of $300 per year for 5 years at 0%: $ 4731.32 1591.08 1000 13
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